Intellizence publishes monthly trends about key Startup Funding, Venture Capital/Private Equity Investment Deals. The following is the analysis of the Intellizence Startup Funding, VC & PE Deals Dataset for September 2022.
Key Takeaways
In September, we discovered over 1200 plus startups across industries that raised funding.
- A total of 7startups achieved unicorn status in September 2022, with a cumulative valuation of around $ 10 billion.
- The top 3 most well-funded startups were TerraWatt Infrastructure ($1 billion), Verily ($1 billion), and Hero Future Energies ($450 million).
- The top 10 funding deals combined value stood at $5.431 billion.
Global Large Deals
We have gathered some of the top region-wise fundings deals for August in a roundup below:
| Venture Name | Funding Round | Industry | Amount |
|---|---|---|---|
| TeraWatt Infrastructure | Series A | Automobile | $1 Billion |
| Verily | Venture Series Unknow | Technology | $1 Billion |
| Hero Future Energies | Venture Series Unknown | Energy | $450 Million |
| Ziply Fiber | Private Equity | Technology | $450 Million |
| Ratio | Debt Financing | Financial Services | $411 Million |
| Bending Spoons | Venture Series Unknown | Technology | $340 Million |
| Power | Debt Financing | Fintech | $316 Million |
| Pie Insurance | Series D | Insurance | $315 Million |
| Gotham Greens | Series E | Agriculture | $310 Million |
| Acelyrin | Series C | Biotechnology | $300 Million |
Region-wise Interesting Deals
North America
- Intersect Power closes $3.1 billion financing for 2.2 GW solar plus storage portfolio.
- Crypto exchange FTX to raise $1 billion at a flat valuation of $32 billion.
- Bending Spoons raises $340 million in financing as global demand for mobile-first creator tools soars.
- Triller secures $310 million equity funding from Global Emerging Markets (GEM).
- Web3 startup Mysten Labs raises $300 million led by FTX at a $2 billion valuation.
- Energy company Mainspring raises $290 million Series E financing round.
Asia
- KKR, Hero to pump $450 million into Hero Future Energies, raise valuation to over $1 billion.
- Traveloka lands $300 million funding from BlackRock, Indonesia govt.
- Line Man Wongnai has raised $265 million in Series-B funding.
- Digital Insurer Carrot has raised $250 million to boost its valuation to over $850 million.
- Reliance Power and its subsidiary have raised Rs 1200 crore from Varde Partners.
Europe & UK
- French startup Abivax raises $49 million to cross the PhIII finish line for ulcerative colitis drug.
- Satispay, an innovative payment super network, has raised a €320 million Series D investment round.
- German start-up Grover has secured €270 million in asset-backed funding to meet the growing demand for tech rentals in Europe.
- Irish unicorn Wayflyer has raised €252 million from Credit Suisse.
- InnovaFeed has raised $250 million to extend its vertical insect farms to the US.
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